Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

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Philips, MUSC Health announce 8-year, $36 million patient monitoring initiative

Royal Philips and Medical University of South Carolina Health (MUSC Health), the clinical enterprise of Medical University of South Carolina (MUSC), have announced an 8-year, $36 million strategic partnership to transform and improve patient monitoring for more than one million patients a year, reports Business Wire.

Sempre Health is gamifying healthcare to reduce costs

Working for an incentive makes anything more fun, even healthcare. Sempre Health, a company launched from Alchemist Accelerator, is looking to lower the cost for prescription medication by rewarding healthy lifestyles, reports TechCrunch.

Maximizing the public good of healthcare data

Healthcare systems are being attacked by hackers, and data remains fragmented among insurers, providers, health record companies, government agencies and researchers.

Hackers crack into DeKalb Healthcare's computer system

DeKalb Health in Indiana is the latest victim in the fight against hackers as the healthcare system reported that its administrative computer systems have become infected with ransomware. 

GE Healthcare CEO aims to grow from within

John Flannery built a reputation as a prolific rainmaker in his previous role as head of business development at General Electric Co., logging more than $26 billion in deals, yet acquisitions are far from his mind as chief executive of the U.S. conglomerate’s healthcare unit.

Will healthcare get a 'Silicon Valley-style overhaul'?

The healthcare industry is falling behind in the terms of technology. While almost every other industry is embracing the technological age, healthcare seems to be stuck in the 1990’s.

New tool can estimate cost of inaction

The healthcare analytics company has announced the launch of a free tool used to calculate the real cost of delaying the shift from public and private payer volume to value-based care and reimbursement.

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Wearable heart monitor measures variability

Rockyview General Hospital is using biometric devices from biotricty Inc. to determine the effectiveness of monitoring heart rate variability to predict the onset of illness.

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Around the web

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These health systems have the biggest digital health portfolios

U.S. health systems are increasingly leveraging digital health to conduct their operations, but how health systems are using digital health in their strategies can vary widely.

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Toylike robot pleases counseling clients where humanoid counterpart struggles to connect

When human counselors are unavailable to provide work-based wellness coaching, robots can substitute—as long as the workers are comfortable with emerging technologies and the machines aren’t overly humanlike.

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Medsender, Patagonia Health team up to aid public health efforts against COVID-19

A vendor that supplies EHR software to public health agencies is partnering with a health-tech startup in the cloud-communications space to equip state and local governments for managing their response to the COVID-19 crisis.